AmeriCredit Financial Services had to pay up for its first subprime auto loan securitization since a probe by the Department of Justice of its parent company's underwriting practices came to light.

Spreads on most tranches of the $1billion AmeriCredit Automobile Receivables Trust 2014-3 were wider than those of the issuer’s previous deal, AMCAR 2014-2, despite the fact that credit quality of loans backing the two deals is similar.

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